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    OFF-MARKET
    Gas stations

    1114 Main St, Bellingham, MA 02019-1654

    1,658 SF 2.7 ac lot Built 1948
    Individually Owned 27-yr Hold Free & Clear
    Property ID
    US38-1381766
    Property summary
    AI-generated overview

    1114 S Main St, Bellingham, MA, presents a unique redevelopment opportunity encompassing approximately 6.1 acres of commercially zoned land. This expansive parcel, located in Norfolk County at 02019 zip code, offers significant potential for various commercial ventures. The property's address is 1114 S Main St, situated at latitude 42.07974 and longitude -71.4750407. Its substantial size provides ample space for large-scale projects, allowing for flexibility in design and development. The location in Bellingham, Massachusetts, offers access to key transportation routes and a growing community, making it an attractive investment for developers seeking a prime location for new construction. The existing zoning allows for commercial development, presenting a clear path for investors to realize their vision. This exceptional opportunity is ideal for those seeking a significant land holding with high redevelopment potential in a desirable Massachusetts location. Serious inquiries are encouraged to explore the possibilities this property offers. The property is being offered as-is. Further due diligence is recommended.

    Property profile
    Verified
    Property type Gas stations
    Use group SERVICE STATION (FULL SERVICE)
    Year built 1948
    Construction CONCRETE
    Total area 1,658 SF
    Lot 2.7 ac (117,612 SF)
    APN BELL M:0055 B:0007 L:0000
    UPID US38-1381766
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Howard D Wilson JR. · 27 yrs held
    Howard D Wilson JR.
    since 1999
    3 recorded transactions
    1999
    $132,425
    1998
    $20,000
    1989
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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